Pawn Shop Merchant Account

How do you know if your pawn shop business has been categorized as a high-risk merchant?

A high-risk merchant account is essential for pawn shops. These specialized payment processing accounts are designed for merchants classified in high-risk categories, providing the necessary solutions for online credit card processing in the pawn shop industry. At PayKings, we specialize in providing high-risk merchant accounts. We have years of experience working with pawn shop businesses. Our specialists will put together a payment processing plan tailored to your business.

Dedicated Account Managers
Years High-Risk Experience
Fast and Easy Application Process

Recurring Billing Options
20+ Financial Partners
Chargeback Mitigation

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We Approve: Pawn Shops
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Why Pawn Shop Merchants are Considered High-Risk

Pawn shops face unique challenges in the world of payment processing. As a high-risk industry, many traditional banks and merchant services companies hesitate to provide pawn shops merchant accounts. At PayKings, we specialize in providing merchant accounts tailored to the specific needs of pawn shops, ensuring you can process payments securely and efficiently.

Choose a pawn shop merchant account provider that has the experience and expertise you need. PayKings has years of experience working with pawn shop owners and other high-risk businesses. We'll work with you to find the perfect merchant account solutions for your pawn shop business.

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Get Started with Pawn Shop Payment Processing

Follow these simple steps to set up your pawn shop merchant account

Complete an online application

Start your journey with a simple online application process for your pawn shop business.

Submit necessary documentation

Provide the required documents to support your pawn shop merchant account application.

Benefit from our underwriting team's assistance

Our expert team will guide you through the underwriting process for pawn shops.

Start processing payments and growing your revenue

Begin accepting payments for your pawn shop services and watch your business thrive.

Why Pawn Shop Merchants are Considered High-Risk

Pawn shops face unique challenges in the payment processing world. Accepting credit card payments can be difficult because most major payment gateways and payment processors consider them high-risk. That's because of multiple factors. First, pawnshops are not always highly regarded in society and have a reputation for selling stolen goods. They typically see a high chargeback ratio and beyond that, credit card processors worry about the loans and collateral that pawn shops rely on.

As a high-risk industry, many traditional banks and payment processors are hesitant to work with pawn shop businesses. If you need a pawn shop merchant account to accept payments, choose a high-risk merchant account provider.

Pawn Shop Industry Solutions

At PayKings, we specialize in providing merchant accounts tailored to the specific needs of pawn shops, ensuring you can process payments securely and efficiently.

Choose a High-Risk Payment Processor

Being labeled as a high-risk merchant necessitates partnering with a payment processor experienced in high-risk accounts. Avoid disruptions by choosing PayKings, a leader in high-risk merchant account solutions for pawn shops.

Choosing the Best Pawn Shop Payment Processor for Your Business

Securing the right pawn shop payment processor is crucial for businesses in the pawn industry to avoid account closures and fund holds. Learn how PayKings can provide the stable, high-risk processing account your business needs for uninterrupted sales and growth.

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